JFrog’s Revenue Breakdown by Segment (2019-2023)

This statistic highlights JFrog’s Revenue Breakdown by Segment from Q3 2019 onwards, split between License and subscriptions segments, reported on a quarterly basis.

JFrog’s set out on its journey in 2008, with the mission to transform the way enterprises manage and release software updates. They’ve realized that the world has changed. Users now expect their software to update continuously, without them even knowing. With this idea, they’ve developed the world’s first universal artifact management platform, ushering in a new era in DevOps – Continuous Updates.

JFrog’s Revenue Breakdown by Segment

(All the figures are in millions, except percentages)

According to the given data, JFrogs’ revenue increases from $43 million in Q4 2020 to $59 million in Q4 2021, marking a percentage Year on Year increase of 38%. Similarly, in Q3 2021 company holds a revenue of $54 million while in Q4 2021 it jumps to $59 million showing a Quarter on Quarter increase of 10%.

Segment-Wise Analysis

JFrog’s revenues is comprised of revenue from self-managed subscriptions and SaaS subscriptions.

Subscription—Self-Managed and SaaS

Subscription—self-managed and SaaS revenue is generated from the sale of subscriptions for their self-managed software products and revenue from the SaaS subscriptions. For subscriptions to the self-managed software products, revenue is recognized over the subscription term. For SaaS subscriptions, revenue is termed as based on usage as the usage occurs over the contract period.

JFrogs’ revenue from this segment increased from $39 million in Q4 2020 to $54 million in Q4 2021, marking a percentage Year on Year increase of 40%. Then, revenue from this segment increases from $49 million in Q3 2021 to $54 million in Q4 2021, marking a percentage Quarter on Quarter increase of 10%. Moreover, this segment has contributed 91% in the total revenue generated in the latest quarter.

License—Self-Managed

The license component of their self-managed subscriptions reflects the revenue recognized by providing customers with access to proprietary software features. License revenue is recognized upfront when the software license is made available to the customer.

JFrogs’ revenue from this segment increased from $3.9 million in Q4 2020 to $5.1 million in Q4 2021, marking a percentage Year on Year increase of 31%. And, revenue from this segment increased from $4.5 million in Q3 2021 to $5.1 million in Q4 2021, marking a percentage Quarter on Quarter increase of 14%. Also, this segment has contributed 9% in the total revenue generated in the latest quarter.

About The Company-

Frog Inc. was founded on 28 April 2008 by Shlomi Ben Haim. JFrog is an American company and is located in Netanya, Israel, California. The company designs computer systems and related services industry.

They provide an end-to-end, hybrid, universal DevOps Platform that powers the software supply chain, enabling organizations to continuously deliver software updates across any system. This platform is the critical bridge between software development and deployment of that software, paving the way for the modern DevOps paradigm. They enable organizations to build and release software faster and more securely while empowering developers to be more efficient. As of December 31, 2021, approximately 6,650 organizations have adopted JFrog’s platform.

They enable organizations to securely store all package types in a common repository where they can be edited, tracked, and managed. Their unified platform connects all of the software release processes involved in building and releasing software, enabling continuous releases. They empower their customers to shorten their software release cycles and enable the continuous flow of current, up-to-date software from any source to any destination. Their platform is designed to be agnostic to the programming languages, source code repositories, and development technologies that their customers use, and the type of production environments to which they deploy.

Their fully integrated suite of products allows their customers to compile software from source code repositories, manage the dependencies among components within software packages, move these packages to a universal repository, ingest packages from third parties, including open source libraries, scan for vulnerabilities through various stages, distribute to endpoints, and deploy in production, all through a single user access point. This complete process is often referred to as management of the “software supply chain.”

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